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SEC Commissioner Supports Trading Privacy Rights: Open Source Privacy Software Developers Should Not Be Held Responsible for Code Usage Behavior
Summary: In a recent speech at a blockchain science conference, SEC Commissioner Hester Peirce called for regulatory protection of individuals' rights to engage in private transactions. She specifically stated that developers of open source privacy software should not be held responsible for the actions of others using their code. Against the backdrop of the upcoming verdict ...
In a recent speech at a blockchain science conference, SEC Commissioner Hester Peirce called for regulatory protection of individuals' rights to engage in private transactions. She specifically stated that developers of open source privacy software should not be held responsible for the actions of others using their code. Against the backdrop of the upcoming verdict in the case of Tornado Cash co-founder Roman Storm, Peirce emphasized the importance of protecting privacy-enhancing technologies, self-custody rights in cryptocurrencies, and the rights of open source privacy software developers. She further noted that, similar to the struggle of cryptographers in the 1990s to defend private use of strong encryption technologies, these technologies are of significant importance for societal development.
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Link: SEC Commissioner Supports Trading Privacy Rights: Open Source Privacy Software Developers Should Not Be Held Responsible for Code Usage Behavior [Copy]
